This collaboration marks a significant step towards accelerating digital transformation within Vietnam's business community, fostering greater financial inclusion and operational efficiency for enterprises of all sizes.

Vietnam's dynamic business environment presents both challenges and opportunities for businesses. The upcoming VAT law, effective July 1, 2025, underscores the increasing need for efficient, transparent, and compliant financial management solutions. Visa and MISA share a common vision of empowering Vietnamese businesses with the tools and resources they need to succeed.

The collaboration will focus on the following key pillars:

Digital Payment Solutions: The collaboration will promote the adoption of digital payments among businesses and government entities, enhancing transparency and efficiency. Visa's corporate card solutions will streamline payment processes and improve reconciliation. Furthermore, Visa will collaborate with JETPAY (a subsidiary of MISA) to develop a Business Payment Service Provider (BPSP) platform.

Upskilling and Capacity Building: Visa and MISA will jointly develop and implement training programs, consulting services, and technical support initiatives. These initiatives will enhance businesses' understanding of digital payment methods and the role of credit cards in managing business cash flow.

Data Collaboration and Financial Inclusion: Visa and MISA will work with bank partners to develop advanced payment services. This includes leveraging AI in data processing and credit appraisal, helping businesses shorten the time to access capital.

Support for New Tax Regulations: Recognizing the impact of the new VAT law, Visa and MISA are committed to providing tools and solutions to help businesses transition to digital payments, manage documentation efficiently, and ensure compliance.

Exclusive Offers: The collaboration will bring exclusive offers from Visa, partner banks, and MISA, especially when purchasing solutions for Finance – Accounting, Marketing – Sales, Digital Office, and Human Resources from MISA.

"Visa is committed to driving financial inclusion and innovation in Vietnam. This collaboration with MISA combines Visa's global expertise in payments with MISA's deep understanding of the Vietnamese business landscape to deliver transformative solutions that help businesses thrive in the digital economy," said Ms. Dung Dang, Country Manager of Visa Vietnam and Laos. "This collaboration is a testament to our commitment to creating advanced, secure, and efficient payment solutions for Vietnamese businesses."

Mr. Le Hong Quang, Chief Executive Officer of MISA, added: “MISA understands the specific challenges and opportunities faced by Vietnamese businesses in today's rapidly evolving digital landscape. Our collaboration with Visa allows us to leverage Visa’s top-tier payment technology to create integrated solutions that are tailored to the unique needs of our customers. Together, we will empower Vietnamese businesses to embrace digital payments, streamline their financial processes, and achieve sustainable growth."